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] learn more at isitlowt.com. [ laughs ] hey! >>> right now, i'll bring in democratic senator from oregon, senator jeff merkley. some of the news we're getting overnight is that mitch mk connell said he's been exchanging papers with harry reid and potentially working toward a deal. we're hearing that one of the points of contention here is -- the bush tax cuts are going to have to go away for some people but where will the income flesh mold be set? 250,000, obama's first offer, 400,000 his second offer or 500,000 kelly o'donnell said the senators will go along with. plan be was a million. in terms of your colleagues and the democratic side, what's an acceptable level for you to where the income threshold should be? >> there's a whole spectrum of opinion and most of us feel the right thing for america is for the line to be at 250,000. it leaves only 2% of americans who would be paying more and it does a maximum amount to start impacting if deficit. on the other hand, this is a negotiation. we realize there's going to be some flexibility. the president has already carved out that territory.
. california is considering it and oregon is considering it. >> get the governments out of banks. why is it -- >> i'm going to stipulate these small examples. it's great that they work and i'm not opposed to those self-contained ones. what i would say is i actually think one of the lessons of the 2008 fng crisis is it is actually really dangerous to have the state and politicians have a direct state in major lending institutions because then you have major moral hazards. and the politicians do, too. >> are you referring to fanny and freddie? >> a lot of the europe european state-owned bank have a huge crisis. it's the tip of the iceberg is the european financial and political crisis but underneath that is a huge banking crisis that hasn't fully been resolved and that was driven a lot by the german and london banks that allowed them to do stupid things. they were more leveraged than a lot of the bank and that's argument one and argument two is fanny and freddie. i don't see them as the heart of darkness in the financial crisis but i think they were part of the problem because they were
through this too many times. whether it's an elementary school in newtown or a shopping mall in oregon or a temple in wisconsin or a movie theater in aurora, or a street corner in chicago. these neighborhoods are our neighborhoods. and these children are our children. and we're going to have to come together and take meaningful action to prevent more tragedies like this, regardless of the politics. >> the thing that caused me as most significant was the street corner in chicago line. because that was a way of saying it's not just these mass shootings that get a lot of attention. it's the daily gun deaths in this country. >> absolutely. absolutely. and i think what he's speaking to this culture of violence that's been created that normalizes the ways in which guns are used, but that we have this very specific attention on the mass shootings, and i mean, how can you not when there are babies who are 5 years old being killed. and then i think about lloyd, a little 4-year-old black boy who was killed when watching his game of basketball, as he did on his stoop, and some younger teenagers s
Search Results 0 to 2 of about 3